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RBA Glossary definition for IT

IT – Information Technology

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Non-technical summary for ‘Job Loss, Subjective Expectations and Household Spending’

18 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
It is well established that job loss is associated with reductions in earning and spending. ... Most workers persistently overestimate their job loss risk, but some persistently underestimate it.
https://www.rba.gov.au/publications/rdp/2021/2021-08/non-technical-summary.html
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Empirical Model

1 Dec 1993 RDP 9313
Geoffrey Shuetrim, Philip Lowe and Steve Morling
u. it. is a composite residual comprised of a firm-specific component, μ. ... where Y. it. is gross earnings, I. it. is interest payments and τ.
https://www.rba.gov.au/publications/rdp/1993/9313/empirical-model.html
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Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
it may arbitrate disputes relating to the payment system (see Division 5); and. ... it may give directions to participants in the payment system (see Division 6).
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE

11 Dec 2023 RDP 2023-09
Gulnara Nolan, Jonathan Hambur and Philip Vermeulen
It also suggests that overseas findings that expansionary monetary policy lessens competition by supporting the largest firms likely do not apply to Australia.
https://www.rba.gov.au/publications/rdp/2023/2023-09.html
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The Australian Securities and Investments Commission's Review of the EFT Code of Conduct – April 2006 | Responses and Options Paper

8 May 2024 Submissions
It is generally accepted that operations of central counterparties and settlement systems are characterised by high fixed costs and low marginal transaction costs. ... These systems are costly to establish, requiring sophisticated IT, communications and
https://www.rba.gov.au/publications/submissions/payments-system/proposed-asx-sfe-merger/index.html

Identification and Inference under Narrative Restrictions

26 Oct 2023 RDP 2023-07
Raffaella Giacomini, Toru Kitagawa and Matthew Read
We provide formal results on identification, propose a computationally tractable robust Bayesian method that eliminates prior sensitivity, and show that it is asymptotically valid from a frequentist perspective.
https://www.rba.gov.au/publications/rdp/2023/2023-07.html
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Read me file for The Term Funding Facility: Has It Encouraged Business Lending?

9 Dec 2022 RDP PDF 428KB
RDP 2022-07 supplementary information
https://www.rba.gov.au/publications/rdp/2022/2022-07/rdp-2022-07-read-me.pdf

The Unit-effect Normalisation in Set-identified Structural Vector Autoregressions

11 Oct 2022 RDP 2022-04
Matthew Read
I argue that it is therefore important to communicate about the extent to which the identified set may be unbounded, since this tells us about the informativeness of the identifying restrictions,
https://www.rba.gov.au/publications/rdp/2022/2022-04.html
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How Many Jobs Did JobKeeper Keep?

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
We find that one in five employees who received JobKeeper (and, thus, remained employed) would not have remained employed during this period had it not been for the JobKeeper Payment.
https://www.rba.gov.au/publications/rdp/2020/2020-07.html
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MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
During large downturns, monetary policy is more effective than usual because it can reduce loan losses and therefore moderate any reduction in credit supply.
https://www.rba.gov.au/publications/rdp/2022/2022-01.html
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